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BankHealth

PRODUCE STATE BANK

HOLLANDALE, MINNESOTA · FDIC Cert #10178

A
Health Score
94/100
$111M
Total Assets
$98M
Total Deposits
21.66%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, PRODUCE STATE BANK holds a Tier 1 capital ratio of 21.66%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning PRODUCE STATE BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

1.05%
Nonperforming Loans
Moderate — some loan stress
50.54%
Liquidity Ratio
Strong — can meet withdrawal demands
2.06%
Return on Assets
Profitable — earning well on assets
$98M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

PRODUCE STATE BANK shows strong financial health indicators. With $111M in assets and a Health Score of 94/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

Frequently Asked Questions

PRODUCE STATE BANK has a Bank Health Score of A (94/100). It holds a Tier 1 capital ratio of 21.66%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

PRODUCE STATE BANK holds $111M in total assets and $98M in total deposits. It is located in HOLLANDALE, MINNESOTA (FDIC Certificate #10178).

PRODUCE STATE BANK has a Tier 1 capital ratio of 21.66%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 1.05%, and the return on assets is 2.06%.

Yes. PRODUCE STATE BANK is FDIC-insured (Certificate #10178). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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